	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,120	£15,347	£15,730	£16,124	£16,607	£78,928
Total Expenses	£11,842	£11,910	£11,992	£12,075	£12,166	£59,985
Profit Before Tax	£3,278	£3,436	£3,739	£4,049	£4,441	£18,943
Profit After Tax	£2,655	£2,783	£3,028	£3,279	£3,598	£15,344
Change In Property Value	£6,299	£6,487	£12,250	£14,099	£14,945	£54,081
Net Return	£8,954	£9,271	£15,279	£17,379	£18,543	£69,425
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	14%	14%	24%	27%	29%	109%